Capital Management Associates NY Has $2.09 Million Stock Position in Amazon.com, Inc. $AMZN

Key Points

• Capital Management Associates NY reduced its holdings in Amazon.com, Inc. by 31.0% during Q1, owning 11,000 shares valued at approximately $2.09 million, making it the company's third largest position.
• Multiple institutional investors, including Talisman Wealth Advisors and SWAN Capital, have increased their stakes in Amazon.com recently, highlighting ongoing interest from hedge funds.
• Amazon.com's stock has seen a price objective increase from research firms, with BMO Capital Markets raising its target from $270 to $280 and HSBC from $240 to $256, reflecting a positive outlook despite recent insider sales.

Capital Management Associates NY trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 31.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,000 shares of the e-commerce giant's stock after selling 4,945 shares during the period. Amazon.com accounts for 4.1% of Capital Management Associates NY's holdings, making the stock its 3rd largest position. Capital Management Associates NY's holdings in Amazon.com were worth $2,093,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMZN. Talisman Wealth Advisors LLC boosted its stake in Amazon.com by 1.2% during the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock worth $1,020,000 after acquiring an additional 53 shares in the last quarter. SWAN Capital LLC boosted its stake in Amazon.com by 3.1% during the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock worth $396,000 after acquiring an additional 55 shares in the last quarter. Hamel Associates Inc. boosted its stake in Amazon.com by 1.4% during the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant's stock worth $780,000 after acquiring an additional 55 shares in the last quarter. Lokken Investment Group LLC boosted its stake in Amazon.com by 1.5% during the fourth quarter. Lokken Investment Group LLC now owns 3,866 shares of the e-commerce giant's stock worth $848,000 after acquiring an additional 56 shares in the last quarter. Finally, CWC Advisors LLC. boosted its stake in Amazon.com by 3.1% during the fourth quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant's stock worth $411,000 after acquiring an additional 56 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In other news, CEO Douglas J. Herrington sold 6,835 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.62, for a total value of $1,514,772.70. Following the sale, the chief executive officer owned 520,507 shares of the company's stock, valued at approximately $115,354,761.34. This represents a 1.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares in the company, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,097,911 shares of company stock valued at $5,675,986,299 over the last quarter. 9.70% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently commented on AMZN. BMO Capital Markets boosted their price objective on shares of Amazon.com from $270.00 to $280.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. HSBC lifted their target price on shares of Amazon.com from $240.00 to $256.00 in a report on Tuesday, July 22nd. Zacks Research cut shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. BNP Paribas raised shares of Amazon.com from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $262.87.

Amazon.com Stock Down 1.1%

Shares of AMZN stock opened at $229.00 on Friday. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The stock has a market cap of $2.44 trillion, a P/E ratio of 34.91, a P/E/G ratio of 1.55 and a beta of 1.31. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The company has a 50 day simple moving average of $224.25 and a two-hundred day simple moving average of $208.10.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same period in the prior year, the business posted $1.26 earnings per share. The company's revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Amazon.com Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.

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